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live to japan straight ahead. >>> plus talk about your deadlines. today we are seven days from congress going on holiday and 25 days from plunging off the edge of the fiscal cliff. >>> the "new york post" photographer who took the picture of the man in the subway tracks before he was hit sits down to tell his side of the story. we'll hear from him this hour on cnn. good morning, welcome to "early start." i'm christine romans. >> and i'm zoraida sambolin. it is 5:00 a.m. in the east. breaking new's massive earthquake in japan. it happened off the coast of japan, about 300 miles northeast of tokyo you can see on the tower cam that we are going to buildings swayed for several minutes there. let's go to alex zolbert live in tokyo what can you tell us? >> this happened friday evening b an hour and a half ago. an unnerving scene. a 7.3 magnitude earthquake. as we understand it, this came along the same fault line that triggered that massive tsunami in march of 2011. we have been watching all the local stations, trying to gather all the information we can. here's what we know at this point in
some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial dispute with the chinese government and struggles following last year's tsunami continue to hurt japan's export market. an election next week in japan could have a large effect on fiscal policy. reports say delta is close to landing a deal that will give the airline a 49% stake in virgin atlantic. bloomberg reports talks between delta and singapore airlines, which is looking to sell its stake in virgin, are advancing. the deal is estimated to cost between $300 and $500 million. it could mean a step up for delta's business, due to virgin atlantic's high volume of premium passengers. apple and google reportedly are forming a rather odd alliance. the two rivals are making a joint bid for a bundle of kodak patents. according to bloomberg news, the combined bid is $500 million. kodak could get an $830 million loan to get out of bankruptcy by selling its patents. holiday hiring is on track to set a record this year. retailers have added more than 619,
court could pile up position on prop 8 this morning. also an earthquake hits japan this morning we will have more coming out. >> the live look outside in san jose, still looking pretty but dark out there. in dealing with cloudy conditions as well as past patchy dense fog and the north bay. we're expecting plenty of sunshine in the afternoon, a bit warmer than yesterday. mostly clear and cool conditions into the evening. the full forecast is coming up in just a bit but for now over to erika >> the content as back up to the bay bridge plaza continues. to my knowledge the meeting lights are not active and we do not have any problems around the bay area. the east a phrase look good and no problems in the south bay no accidents along the peninsula and: easy drive time. 23 minutes out of the bottle into the city. >> overnight we had a strong earthquake in the northeastern part of japan. it was a 7.3 earthquake and the same area where we had a 9.0 earthquake years ago that killed 2000 people with the following tsunami. this earthquake took place around 518 local time around midnight in sa
.3 magnitude quake hitting off japan in an area that does not neat incidents like these. new video buildings swaying and sirens wailing and men and women, children running for higher ground. a reminder of the massive quake and deadly tsunami hit the same area just about a year and a half ago. we'll drill down on that. good morning as we follow up as the earth started to shake earlier today. i'm bill hemmer. welcome to friday. martha: good morning everybody. i'm martha maccallum. last year's tsunami killed and left missing some 19,000 people. as you remember those unbelievable images we saw of the coast which was devstated. it also damaged nuclear power plants and created one of the worst nuclear disasters we've seen in history. bill: we held onto the story for a long time. japan today has canceled the tsunami warning which may be the best bit of news we heard so far. terrifying reminder may not be dismissed. david pipe every streams live out of southeast asia. what is the damage report in japan, david? >> reporter: bill, thankfully there hasn't been any serious damage reports. also no deaths
to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into where we are with this global market. more now on the global trading day in europe. 5-4 advances just about outpace decliners on the dow jones stoxx 600. most european stocks were up yesterday. the dax up 13 points. the dax, second highest close of the year, still up 27.5% for the year. right now, the ftse sound, the cac kron, closed at a fresh 52-week high. and the ftse is up 13 points despite falls from italian banks. let's show you where we are as far as the bond yields are concerned. we just check in. italian yields, 4.4% on the year. we'll show you the twos and tens, as well. i'll give you more on how that compares to where we closed yesterday. so the two-year, that's the low where we were yesterday. 10-year spanish yields, 5.581%. two-year yield, 2.35%, kind of where we were yesterday, too. and they're continue to go appreciateslide slightly from yesterday's close. as far as currency markets, 1.2880 was the two-week low on
cac up 11%. thailand up 43%. japan up 6%. year to date, the usa is up over 12%. that ain't bad. let's bring in our pal, jim iuor iuorio. you know, jim, it's turning out to be a very good year and it's turning out to be a very good year on a global basis. >> no doubt about it. but let's break it down. japan's stock market has rallied huge because of promise of liquidity injections and doveishness. the same thing can be said for europe and for the u.s. around the globe, everyone's squeezing interest rates and forcing money to seek yield wherever it can. it could have followthrough in japan. europe has run kind of far -- the market has chosen to believe that europe's problems are somewhat behind us. i don't really share that philosophy. but i think this move is interesting. >> but the european financial risk fear indicators look great. in fact, these financial indicators look great worldwide. i agree with you trat central banks are greasing the wheels. but in a very gloomy world, a very gloomy psychology where the worst case becomes the most talked-about case, at some point don't the m
deployed an object that appeared to achieve orbit. the u.s., japan, south korea and the united nations all denounce the launch with washington, calling it a highly provocative act that threatens regional security. this hour the u.n. security council is meeting behind closed doors on today's rocket launch. that isn't likely to matter to north korea's new, young leader. kim jong un, who appears to be following in his father's foot accepts even dodged calls on this launch. chris lawrence is following this at the pentagon. chris, if you can tell us a little bit about the launch. it might seem surprising, but was it really surprising given the history we have with these leaders? >> reporter: it was only a surprise, ashley, that it happened last night. they knew this was going to take place, but when north korea asked to extend the launch window to the end of the year, most thought it would come next week at the earliest. i just spoke with a u.s. official who confirms that the object that north korea launched is still in orbit right now, and they're doing their final calculations to determine wh
.3 magnitude earthquake in japan. the quake striking off the northeastern coast but felt as far away as tokyo. japanese authorities say no problems are detoebgted at the nuclear power plants closes to the epicenter. it triggered a three foot tsunami in the same area devastated in last year's disaster. no deaths reported. more on this story out of japan coming up in a live report. jenna: right now brand-new stories and breaking news. jon: house speaker john boehner coming out on top. what was the intra party skirmish all about? we have the answers. a big seat to fill, they call him the king maker. conservative senator jim demint calling it quits who. will step in and what the change will mean for the next congress. if you're looking for an out of this world vacation, yes, you can have it literally, a trip to the moon for two, we are guessing it is all-inclusive, the whole story and the stunning price tag, all "happening now." good morning to you on this friday, the jobs numbers are in for november. i'm jon scott help the. >> reporter: i'm heather wheuld dreshelp the heather childress in nor je
, but only if we carry use it tracy: i remember when i was a kid they said japan was buying of rockefeller center. japan's by to take over the world. that never happened. >> no, but japan was our ally. we could deal with thejapanese on a reasonable basis. the problem with china is that it sees itself as supplanting the united states. has been very hostile and aggressive in recent years. it's trying to push the u.s. out of asia. they are not our friend, and so we don't want to give them a foothold in our economy. trac that being said, how do we stop this? do we not allow these deals to happen? in the u.s. is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question tonight. is the u
in japan. the country was rocked by a powerful 7.3 magnitude earthquake. it hit off the coast of tokyo. the buildings there shaking. you could see some of the video showing the degree to which they were shaking. alex, what's the latest? >> reporter: it has been a very, very tense few hours here in japan after you mentioned a 7.3 magnitude earthquake striking late here in the day on friday. but just in the past 90 minutes or so, the all clear has been given. the tsunami warning has been lifted. that's great news for the people here. there's no signs of any significant damage. no reports of any deaths. just a few injuries at this point. we also have to keep in mind the nuclear power plants. we have heard from the operator of those. they say everything is fine. but as you mentioned, this brings back very painful memories up for the people in the region in northern japan. we were on the phone with one person who said when this earthquake hit, their first reaction was ohno, not again. but it's late here on friday in tokyo where we are. everything appears to be fine. just one wave came ashor
earthquake off the coast of northeastern japan trigger as a tsunami warning. the preliminary magnitude is 7.3. this is the same area, by the way, that was hit way massive earthquake and tsunami in march of last year. no damage is reported at the power plant but buildings in tokyo swayed for several minutes. >>> a warning this morning to students and staff at george washington university after there is an attempted sexual assault and series of burglaries on campus. police have released surveillance photo of two suspects they say told laptops from dorm rooms. >>> some same-sex couples in maryland are one step closer to getting married. law will not take effect until january 1st. clerks began issuing licenses thursday. karen gray houston has a closer look. >> reporter: meet karen preening, resident of potomac, general manager of a furniture store. she thought this day would never come. >> so excited. i cannot believe this day is here. i cannot believe it. >> reporter: her long-time partner of 29 years shuns the spotlight and doesn't want to be identified. >> there is prejudice. people don't b
's threatened by this. such a missile could reach alaska, hawaii, south korea or japan. that's one of the reasons that all of those countries have taken precautionary measures, the u.s. sending four warships to the region, south korea has a warship observing all the events. japan activating its anti-missile shield. the plan launched in provocation in direct defines of the security council. the state department said we have the un security council statement which strongly condemned their last launch and made clear that the council was determined to take action if there is a further launch and we stand by that, end quote. just what action the un might take remains unclear but the tightening of sanctions is almost a sure bet and given that much of the technology for north korea's missile program is imported, a stricter ban of technology sports from around the world may be in the offing. >> shepard: technical problems is the reason given for the delay. it sounds like a lot of analysts believe that could be a cover. >> reporter: that's what couple of south korean analysts are telling th
. martha: how different than what happened with japan in the '80s. seems like they owned every building in new york. >> back in the '80s and very early '90s japan actually overpaid. they bought the pebble beach golf course in california and bought rockefeller center in new york. various other properties and paid huge dollars for them and lot of their shirts. this time around with china is not the case. you can't say they're paying a lot of money for aig's plane leasing business or a123. martha: stuart, thank you. see you coming up on the business channel. bill: here is the question for you. how much american debt does china actually own? as the largest foreign owner of u.s. debt it owns more than a trillion dollars in treasury securities. china's holding of u.s. debt has increased 56% over the course of the obama presidency which comes out to about $400 billion more. it has bought or invested in more than $15 billion in more than 100 u.s. companies going pack to january of 2010. that is influence. martha: new numbers raising fresh concerns here at home about our economy. the u.s. consum
and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn around. and lost five seats and the legislature. >> you can look for all the conspiracy's you want. the fact is that michigan was adjusting to exactly the reality that evan isalking about, globalization. i think was glory days for the unions 94 is, 1950's, 1960's, when the rest of the world was devastated by the second world war, we had a monopoly and, yes, great benefits to it the problem is that when you have global competition, you are uncompetitive. detroit went bankrupt but the southern transplants did not. here is the tragic choice. in the right to work states, wages are 10% lower. unploynt is also 10% lower. here
at a certain point. connell: are you worried at all about a slowdown in china? charles: europe is up. japan is. they will need natural gas and coal. global demand for this will be huge. this is one that i think people should own long-term. dagen: thank you. charles: by the way, i loved your interview with representative sanchez. dagen: thank you, charles. connell: a quarter past the hour, let's go back to the markets. nicole: we are looking at it now. they are digesting a big acquisition. as i noted, this is a top performer. it is up over 4%. let's take a look at the broader orchid and -- let's take a look at the broader market. the last time we saw this kind of trend it was up seven days. the dow is up. back to you. dagen: at it again. north korea launching a rocket. legitimacy of the regime. we will talk about that coming up. connell: to the stage for similar seeds in different areas of the nation. first, let's take a look at world currency. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the
. tonight what may ab life changing treatment for depression. we have that story next. >> also japan mobilize the missile defense system after defiant move by north korea. i have details on that next. >> like something out of a movie what caused this massive explosion in west virginia? >> also tonight. truck driver gets the blame for a fatal amtrak accident. if he had acted just 2 seconds faster it would not have happened. stay for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent. but anyone can help a foster child. >> good evening again. we begin this half hour with news about north korea. yang fired long range rocket defying warnings from the united states and the quantityed nations. now you are looking at satellit
in south korean japan, the rogue nation has fired a long-range rocket tonight in defiance of the international community. the missile was reportedly launched at 9:51 a.m. local time. it's unclear whether the launch was successful. sometimes they just fall into the water. but japanese officials say tonight they believe the missile passed over okinawa, japan. north korea announced at the beginning of the month they intended to launch the missile, but there were reports as recently as this afternoon they had had to dismantle the rocket to make repairs to it. again, tonight it appears north korea has in fact fired the rocket. this is north korea's second rocket launch under its new leader, kim jun un. a similar rocket broke up less than two minutes in flight. officials claim this launch is intended to put a weather satellite into space. but many officials and many in the international community believe north korea may be testing its capability to one day launch a long-range nuclear warhead. this comes at a politically sensitive time. neighboring south carolina is set to hold i
of japan, korea, vietnam, thailand, singapore, indonesia, burma; all of which represent the future of the united states in terms of trade, security and cultural growth in the coming decades. with respect to burma, there was a great moment for me to be able to sit down and see aung san suu kyi recognized by the congress a month or so ago, coming to this country as a member, an elected member of their parliament. we began the change in that relationship from our office, directly from our office based on work that i had begun and become interested in over a period of six years before i was elected to the senate. we, i'm very proud to say, laid the groundwork for the historic visit in 2009 from inside our office. often i would say against the will and against the advice of our own state department. we used validators. we talked to people we knew in the region. i became the only american leader ever to meet with general shui, leader of the military junta, to express my belief that we could work forward to have a different relationship. i met with aung san suu kyi, and i hope that those
the islamist dominated government consolidate its power. >>> an a powerful earthquake struck on japan's northeast coast today. 7.3 magnitude quake shook buildings in tokyo. looking at video there. it triggered a three foot tsunami wave. japan is still recovering from a massive earthquake you remember and tsunami that killed more than 15,000 people last year. >>> wow. the owner of this jewelry store in georgia says it's a miracle no one was killed when this happened. a driver accidentally rammed her minivan into the store. she told police a cannister lodged against the gas pedal. flying glass hit customers, one woman had a deep cut in the back of her head. the store had $30,000 in damage, but thank goodness no one was seriously, seriously injured or killed. look at that, wolf. wow. >> terrible. be careful. >>> president obama's top campaign strategist is here in "the situation room," getting ready, only a few minutes away. david axelrod, he did something today he hasn't done in decades. look at that, look at the mustache before, no mustache after. and guess what, he is ready to do some
.s. allies, japan, south korea condemn the action. philippines, where the rocket landed 200 miles off its shore protested. japan is particularly upset because it flew over the okinawa islands where there is large u.s. presence. south korea is calling for more u.s. sanctions. the most important, china, they are saying want a moderate and prudent response. may well go to the u.n. security council this morning. back to you. martha: so how important is it for north korea's missile regime, missile program i should say they were able to launch this weapon successfully? they have seen several failures in the past? >> reporter: well it is a major scientific achievement if you look at it on that level even though a lot of their people are starving in the country. from what the experts are saying they're still a long way off from being able to fire a ballistic missile with a nuclear warhead. there is problems with the heat from reentry, things like that. but it's, they are moving towards that ballistic missile which could threaten in the future the u.s. mainland. but it does seem a political succes
that showed japan has slipped into a technical recession. they looked at their numbers. they revised the data. japan is technically in a recession. you have more uncertainty in italy. one of the important countries. and also you have this concern happening in japan. we have this week, ben bernanke and the fed will meet at a two-day fed meeting. a lot of people are hoping to hear from the federal reserve chief that there will be some kind of on going stimulus in the form of, you know, bond buybacks or something. we'll be looking to see what he has to say about the economy. this is another big uncertainty in the markets for the week. you know, this comes after consumer spending showing as "the wall street journal" set this morning, consumer spending, consumer confidence wabbling. this is europe concerns. we're seeing that consumer heading into the end of the year is starting to get a little more nervous about where we're headed here. now fiscal cliffs and payroll, fiscal cliff has a lot to do with this. the american payroll association this is the trade group for all of the small business who's
by naval and air forces of the empire of japan. ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. alisyn: this is fox news alert there is more tragic fallout from that radio prank today getting global attention. a british nurse duped in a hoax involving the dutchess of came ridge has been found dead in an apparent suicide. here is prince william and his pregnant wife kate leaving the hospital yesterday after she was treat ford severe morning sickness. a couple of days before a pair of australian shock jocks called the hospita
is there was a sequence of transactions in a bank in japan in which they brought sequentially numbered travelers checks into this one little bank in japan totaling $290 million. no one seemed to have any idea where it was coming from. it all traced back to a guy in russia who claimed to be a used car salesman. >> woodruff: a used car salemans. >> with $290 million in sequentially numbered travelers checks. >> woodruff: isn't there supposed to be internal monitoring going on inside a bank? >> right. the basic principle is called know your customer. since 9/11 and since a whole bunch of other money laundering issues have surfaced the u.s. government has really tried to make the banks tighter and more careful in terms of who they're doing business with, who they're moving money for. what seems to have happened repeatedly according to the investigators in the h.s.b.c. case is no one was actually questioned. >> woodruff: now it was clear that the investigation on the part of the government has been going on for several years. what brought all this to light? how did it surface? >> it actually started in 2007
missile. it is the latest move by the very secretive country. japan said part of the rocket landed west of the peninsula and another part in or near the philippines. we are joined on the phone. good evening, sir. >> hi, greta. >> well this, is certainly a surprise because they had extended the window until december 29th for the launching of this rocket. do you know anything about at least the reported rocket, how far the range is, if it's a successful launch? >> nobody knows right now or at least it's not been released the rocket achieved orbit but that's not the issue. the issue is this rocket, after four failed attempts, has fired all three of its stages. in other words, the rocket fired all three stages and eventually put some kind of payload almost due south over the pacific ocean. what that means is that after five attempts the north koreans have masterd it.y could delivera warhead as far away as the west coast of the united states, greta. >> last april they attempted it and it failed. something changed between then and now, assume it is not a failure. my suspicion is they got some
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with us today. a powerful earthquake sends shock waves through japan one year after a tsunami killed thousands . another sunshine warning in affect. >> steve: that is not good. it is a victory for capitalism but not everybody is happy. that is not wisconsin. it is the state of michigan taking on the organized unions. we'll tell you what just happened to the michigan workers. it changes everything. >> brian: really. big government goes to dogs like forcing flood lights in the yard . it is it happening on friday. "fox and friends" starts just about now. ♪ ♪ "fox and friends". >> gretchen: good morning, everybody. tgif. hopefully you will have a great friday as we move in the weekend. get christmas shopping done and put up the lights and your tree. >> brian: last week of the summer concert series. is it over. >> gretchen: break out your snow mobiles. i got ear must haves for you. steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it eve
island of okinawa and quickly provoked expressions of anger and outrage from japan and korea, which convened meetings of security officials. the u.s. described it as a provocative act threatening regional security. now, north korea, for their part, quickly said that it was a success, that the satellite is in orbit, unlike a test earlier this year when the rocket burned up on launch. the u.s. experts have conceded that an object is, indeed, in orbit and that even the chinese have expressed regret today, lynn. >> ian williams there live for us in beijing. ian, thanks so much. >>> back here at home, michigan is now the 24th state in america with a right-to-work law. despite protests of angry union supporters, state lawmakers passed the legislation. this means both private and public workers do not have to pay union fees. and republican governor rick snyder quickly signed the bills, calling them "pro worker" and "pro michigan," but opponents say the move weakens organized labor and will mean lower wages. >>> last night on "politics nation," democratic congressman gary peters of michigan
the bank of japan boosted stocks. tokyo's nikkei surged 2.5%. hong kong's hang seng sank half a percent. more hope over the fiscal cliff negotiations fueled another strong day on wall street. the dow added 115 points while the nasdaq gained 43. >>> shares of publicly traded gun makers were down in the wake of the connecticut school shooting, and the company that makes the weapon believed to have been used in the shooting is now up for sale. meanwhile gun shop operators have been reporting an uptick in sales. some have indicated the sales bump is due to customers buying weapons now before any new gun control legislature can be enacted. >>> instagram is backing off a new policy that allowed it to use photos from user accounts and advertisements. it comes after an online backlash from its users and privacy advocates. despite changing its stance, instagram's co-founder said the service was created to eventually make money and it will experiment with various forms of advertisen't. >>> and victory is sweet for the candy company that makes gummy bears. a german court ruled in favor of haribo i
on the national economy. these two ports have a 44% of the nation's sea cargo. it includes cars out of japan and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. >> this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn't be allowed to replace th
and japan who hold elections this month. tokyo has already deployed its military to takeout any debris from the rocket and also the u.s. military as deployed more ships with special antimissile systems so they could intercept the rocket if it does go towards japan. back to you, jon. jon: david piper keeping an eye on north korea. thank you. jenna: we'll stay with overseas news and go straight to egypt. egypt plunging deeper into turmoil as the military acting on orders of the president there out in force and giving new power to arrest civilians ahead of this week's vote on that draft constitution that is so controversial. this as thousands of protestors take to the streets near the pre in cairo demanding the fall of the new regime. conor powell is live with more now. >> reporter: jenna, this political crisis is only growing and increasing in seriousness. at the heart of all this is the draft constitution which is supposed to be voted on on saturday. opposition groups want that vote postponed. they say the draft constitution is too islamic, they say it's antidemocratic. the morsi government
it is in their interests. if north korea's nuclear weapons program goes on other countries in the region, japan, south korea, taiwan and others are themselves going to look whether they want nuclear weapons which would obviously make the entire region much more unstable. jon: and for those who wondered whether kim jong-un had staying power as leader of north korea, he just bought himself a whole lot of time in that job, didn't he? >> well i think he showed that the capability of the north koreans has been underestimated and i think you're right. this will be a political boost for him but let's be clear. this rocket-testing program and the work with iran have been going on for decades and they have had some notable failures but each failure tells them something and each success tells them something. if they can put a payload into orbit which we concede they have apparently done, in effect they're well on the way to putting a nuclear payload anywhere on the planet. jon: two members of the original axis of evil still working together. ambassador john bolton, thank you. >> thank you. jenna: we're going to
, is tracking him this holiday season. we just got video in -- yes, video in of santa. he is now in japan and also in korea because santa can do anything. it's magic. he's delivering it in those countries. then he'll make his way closer to the united states around midnight or so and eat the cookies left by kids around the country and deliver presents to all the good children in america. we'll continue to track santa. we'll be right back. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. >>> jamie foxx stars in the new quentin tarantino movie ""djang unchained," a violent movie. but after the sandy hook shooting, he said this. >> it tears you up. we have to do something. i think now i feel that everyone is really pulling together, and we hav
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and the environment. europe, japan and russia are also expected to continue to decline. connell: a matter of time, as they say. this fox business exclusive, we will talk about the war on business. it was a record year for anti-trust funds. dagen: the sanctions against iran. if this policy will change anything over there. the state of the economy and why it matters to you and this, the cost of crude oil. take a look at it. more than $86 a barrel. stubbornly high. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life side down. >> hi. >> hi. you know, i can save you % today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they caopen bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have t most corehensive identity theft protection available today... lifelock ultimate. so for protection you just can't
the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen interest rates spike for a simple reason. nobody has confidence in the economy. nobody believes we will have robust economic growth. we could be heading towards a recession. especially given the disappointing christmas sales. i am frankly skeptical about what will happen with our economy either way. i think we will go
. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for its third straight weekly gain. u.s. equity futures at this hour -- we don't have them. maybe joe has them. >> steve, you are here because it's jobs friday. are you here representing c innocent objects t cnbc or the bls? >> i'm representing myself actually. >> good to have you. in corporate news, netflix, regula
, mortgage witzmann. this is his account of pearl harbor and the surrender to japan. >> 1941 a date that will live in infamy. >> i actually enlisted in january of 1943. i would have brn drafted anyway, but i was anxious to get after the people who started that whole war after pearl harbor. so i found mooits on board a troop ship in december of 1943 on its way to south hampton, england. my name is mort waitzman. i was actually designed to a communications intercept place where we intercepted german radio to help break down the german enigma code. >> inengland, general dwight d. eisenhower and his commanders chart the -- >> as d-day approached, our job, our mission was to board ship and be prepared for d-day whenever it actually took place, and we soon found it it was supposed to be june 5th but the weather was bad and the general made it june 6. it was at the beaches in normandy at about 5:00 or 6:00 in the morning, our job was to move out fast. enemy fire was very intense and had very, very heavy casualties at the beach. 7 or 8,000 of our group was killed or wunlded at that beach. t
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